The stock market volatility is rife amid the persistently high inflation and the Fed’s tightening monetary policy despite a slowing economy. Given such challenging times, we think it could be wise to fall back on quality stocks Cigna (CI), Agilent (A), and Flowers Foods (FLO) for safeguarding one’s portfolio. Keep reading….
The stock market has been witnessing significant volatility amid record high inflation, the Fed’s rate hikes, and geopolitical issues. This is evident from the CBOE Volatility Index’s 46.9% year-to-date gains. Moreover, the Fed might launch either 50 or another 75 basis points rate hike this month.
